Report this comment to a moderator

Collyer Bristow's future looks secure as it defeats Innovator One claim

Yes it's only one defeat but it's a bad one for Enyo. They managed to persuade a third party funder to pump £5m into this case, presumably on the basis of what they considered to be good prospects of success. It will be more difficult for Enyo to persuade that third party funder (or indeed another third party funder) to back future cases. For a boutique litigation practice that is a real problem - if your USP is that, unlike full service firms, you will take work on a contingency/full CFA/partial CFA basis but you can't secure third party funding to provide cashflow, it presents a problem.

18-May-2012

5:51 pm